If there’s one constant in life, it’s change: things change, people change, and technologies change. A number of interesting new inventions have been making waves around the world during the last year. And no doubt there will be even more in the next decade or so – inventions that will literally change the way we live. If you’re an investor looking to back some new profitable technology, then read on. Here are 5 new technologies that you should definitely keep your eye on.
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1. Screenless displays
No: it’s not an oxymoron. Screenless displays are definitely a piece of technology that you’ll want to keep a keen eye on. They allow you to view images without the use of a screen. Google Glass is one of the most popular screenless display devices, and allows you to see images and information displayed right in front of your eyes. It’s pretty interesting stuff, and no doubt this type of technology will soon be popular around the world.
2. Wearables
Wearables are having a significant impact across many different industries – such as fashion and logistics. From Google Glass to the Fitbit wristband, this new type of technology has generated much interest in recent years. Wearables are blurring the line between humans and technology, and helping thousands of people attain better health and sleep. Experts estimate that over 110 million wearables will be in circulation by the time 2018 comes around. So if you’re an investor, and looking for a lucrative industry to invest in, definitely do some reading on wearables. They are set to change the world.
3. Wireless sensor
Forget about unsightly cables. Wireless technology is taking over, from wearables (see above), to remote pool sensors, to TVs and more. Industry is also taking advantage of this type of technology. For example, a number of companies, such as iVolve, are creating wireless solutions for the mining industry, enabling a more efficient transfer of data and improved safety.
4. 3D printers
If you haven’t yet heard of 3D printing, then you’re definitely going to want to check them out. They are revolutionising many industries around the world,most importantly manufacturing. Some people are even calling the introduction of the 3D printer the heralding of the Second Industrial Revolution. 3D printers use layers of resin to produce 3-dimensional objects from a digital file.
5. Home batteries
Tesla are currently developing a new kind of battery that can literally power your house. These batteries can be used to store alternative energy more efficiently, as well as power all the appliances in your home. Tesla have publicly announced their call for investors, and production of the battery is set to begin within 6 months.
So there you have it:some of the latest innovations that are creating an understandable buzz. What other new technologies do you think investors should keep their eye on? What product or creation are you most excited to see developed? Leave your comments in the section below and contribute to the discussion today.